Net Asset Value(s)

As at close of business on 6 November 2015, the unaudited Net Asset
Value (NAV) for

Hargreave Hale AIM VCT2 plc was as follows:

NAV per Ordinary share of 1p – 107.49 pence.

As at 6 November 2015, there were 25,023,931 ordinary shares of 1p in
issue carrying one vote each. Therefore the total voting rights in the
Company are 25,023,931.

This figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if they
are required to notify their interest in, or a change to their interest
in, the share capital of the Company under the Disclosure and
Transparency Rules.